NEW YORK--Oct. 7, 2004--American International
Group, Inc. (AIG) will report its third quarter 2004 earnings on
Thursday, October 21, 2004.

On that date, AIG Chairman M. R. Greenberg will host a conference
call, broadcast live over the Internet, at 9:00 a.m. EDT. The audio
webcast of the conference call can be accessed at: www.aigwebcast.com

A replay will be archived through Friday, October 29, 2004 at the
same URL as well as by telephone. For domestic callers, the telephone
replay number is 888/562-4353. For international callers, the
telephone replay number is 402/530-7645.

It should be noted that the remarks made on the conference call
may contain forward-looking statements. Please refer to the AIG
Quarterly Report on Form 10-Q for the quarter ended June 30, 2004 and
AIG's past and future filings and reports filed with the Securities
and Exchange Commission (SEC) for a description of the business
environment in which AIG operates and the important factors that may
affect its business. AIG is not under any obligation to (and expressly
disclaims any such obligation to) update or alter its forward-looking
statements whether as a result of new information, future events or
otherwise.

Remarks made on the conference call may also contain certain
non-GAAP financial measures. The reconciliation of such measures to
the comparable GAAP figures will be included in AIG's third quarter
2004 earnings release and on its Form 8-K furnishing the earnings
release to the SEC or on AIG's corporate website
(www.aigcorporate.com).

American International Group, Inc. (AIG) is the world's leading
international insurance and financial services organization, with
operations in more than 130 countries and jurisdictions. AIG member
companies serve commercial, institutional and individual customers
through the most extensive worldwide property-casualty and life
insurance networks of any insurer. In the United States, AIG companies
are the largest underwriters of commercial and industrial insurance
and AIG American General is a top-ranked life insurer. AIG's global
businesses also include retirement services, financial services and
asset management. AIG's financial services businesses include aircraft
leasing, financial products, trading and market making. AIG's growing
global consumer finance business is led in the United States by
American General Finance. AIG also has one of the largest U.S.
retirement services businesses through AIG SunAmerica and AIG VALIC,
and is a leader in asset management for the individual and
institutional markets, with specialized investment management
capabilities in equities, fixed income, alternative investments and
real estate. AIG's common stock is listed on the New York Stock
Exchange, as well as the stock exchanges in London, Paris, Switzerland
and Tokyo.